Loan Disclosure Matrix

[Pages:12]Loan Disclosure Matrix

Contents

Consumer Purpose - Purchase ................................................................................................................................................ 2 Consumer Purpose - Refinance............................................................................................................................................... 3 Consumer Purpose ? Texas Home Equity (50(a)(6)) and Cash-out......................................................................................... 4 Consumer Purpose ? Construction ......................................................................................................................................... 5 Consumer Purpose ? Construction II ...................................................................................................................................... 6 Consumer Purpose ? Misc. Closed-End and Open-End-HELOC .............................................................................................. 7 Business Purpose .................................................................................................................................................................... 8 Modifications .......................................................................................................................................................................... 9 Texas Disclosures - Part I....................................................................................................................................................... 10 Texas Disclosures - Part II...................................................................................................................................................... 11 End Notes .............................................................................................................................................................................. 12

As of 12/2017- By: VS and RC - ? 2017

1|Page

Loan Disclosure Matrix

Consumer Purpose - Purchase

Disclosures provided by PeirsonPatterson, LLP 1st Lien Purchase 1 - 4 Primary Residence 1st Lien Purchase 1 - 4 Second Home / Vacation Subordinate Lien Purchase 1 - 4 Primary Residence Subordinate Lien Purchase 1 - 4 Second Home / Vacation Notes

Federal Disclosures

At the time of Application Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice Your Home Loan Toolkit TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards Lender Paid PMI Notice (if applicable) 3 Business days before closing TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Fair Credit Reporting Act Notice Re: Negative Info. HUD-I or HUD-IA ? For Entity/Consumer Initial Escrow Statement (if escrows) PMI Disclosure (Standard) (if applicable) RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

As of 12/2017- By: VS and RC - ? 2017

N

i

Y

ii

ii

ix

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

vi

Y

Y

vii

Y

viii

Y

Y

Y

ii

ii

ix

Y

ii

ii

ii

ii

Y

x

Y

xi

Y

xii

Y

Y

xiii

Y

xiv

Y

xv

Y

xvi

Y

Y

Y

Y

xvii

N

2|Page

Loan Disclosure Matrix

Consumer Purpose - Refinance

Disclosures provided by PeirsonPatterson, LLP 1st Lien Refinance- Rate/Term 1 - 4 Primary Residence 1st Lien Refinance Rate/Term 1 - 4 Second Home / Vacation Subordinate Lien Refinance R/T 1 - 4 Primary Residence Subordinate Lien Refinance R/T 1 - 4 Second Home / Vacation Notes

Federal Disclosures

At the time of Application Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice (if not using LE) FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards Lender Paid PMI Notice (if applicable) 3 Business days before closing TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Right to Cancel Notice Fair Credit Reporting Act Notice Re: Negative Info HUD-I or HUD-IA ? For Entity/Consumer Initial Escrow Statement (if escrows) PMI Disclosure (Standard) (if applicable) RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

As of 12/2017- By: VS and RC - ? 2017

N

i

Y

ii

ii

ix

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

vi

Y

Y

vii

Y

viii

Y

Y

ii

ii

ix

Y

ii

ii

ii

ii

Y

x

Y

xi

Y

xii

Y

Y

xiii

Y

xiv

Y

Y

xv

Y

xvi

Y

Y

Y

Y

xvii

N

3|Page

Loan Disclosure Matrix

Consumer Purpose ? Texas Home Equity (50(a)(6)) and Cash-out

Disclosures provided by PeirsonPatterson, LLP 1st Lien Texas Home Equity 1 - 4 Primary Residence 1st Lien Refinance Cash-out 1 - 4 Second Home / Vacation Sub. Lien TX Home Equity 1 - 4 Primary Residence Subordinate Lien Cash-out 1 - 4 Second Home / Vacation Notes

Federal Disclosures

At the time of Application Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice (if not using LE) FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards

Lender Paid PMI Notice (if applicable) 3 Business days before closing

TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Right to Cancel Notice Fair Credit Reporting Act Notice Re: Negative Info HUD-I or HUD-IA ? For Entity/Consumer Initial Escrow Statement (if escrows) PMI Disclosure (Standard) (if applicable) RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

As of 12/2017- By: VS and RC - ? 2017

N

i

Y

ii

ii

ix

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

Y

Y

vii

Y

Y

Y

ix

Y

ii

ii

ii

ii

Y

x

Y

xi

Y

xii,

xviii

Y

Y

xiii

Y

xiv

Y

Y

xv

Y

xvi

Y

Y

Y

Y

xvii

N

4|Page

Loan Disclosure Matrix

Consumer Purpose ? Construction

Disclosures provided by PeirsonPatterson, LLP 1st Lien Construction - One Time Close 1 - 4 (Consumer) Primary Residence 1st Lien Construction - Temporary Consumer (Different Lender for Perm) 1st Lien Construction - Temporary Consumer (Same Lender for Perm) Subordinate Lien Construction - Temp 1 - 4 Primary Residence Notes

Federal Disclosures

At the time of Application Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice (if not using LE) FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice Your Home Loan Toolkit TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards Lender Paid PMI Notice (if applicable) 3 Business days before closing

TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Right to Cancel Notice Fair Credit Reporting Act Notice Re: Negative Info HUD-I or HUD-IA ? For Entity/Consumer Initial Escrow Statement (if escrows) PMI Disclosure (Standard) (if applicable) RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

As of 12/2017- By: VS and RC - ? 2017

N

i

Y

xix

xix

xix

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

vi

Y

Y

vii

Y

viii

Y

Y

Y

xix

xix

xix

ix

Y

ii

ii

ii

ii

Y

x

Y

xi

Y

xii

Y

Y

xiii

Y

xiv

Y

xx

xx

xx

xx

Y

xv

Y

xvi

Y

Y

Y

Y

xvii

N

5|Page

Loan Disclosure Matrix

Consumer Purpose ? Construction II

Disclosures provided by PeirsonPatterson, LLP 1st Lien Construction -w/ Partial Teardown Consumer (Purchase Plus) 1st Lien Construction - Comp Teardown Consumer (Purchase Plus) 1st Lien Construction -Comp Teardown Consumer ( Refi Plus-with existing liens) Home Improvement Subordinate Lien Notes

Federal Disclosures

At the time of Application

Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice (if not using LE) FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice Your Home Loan Toolkit TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards 3 Business days before closing TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Right to Cancel Notice Fair Credit Reporting Act Notice Re: Negative Info HUD-I or HUD-IA ? For Entity/Consumer RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

N

i

Y

xix

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

vi

Y

xxi

Y

vii

Y

viii

Y

Y

Y

xix

Y

ii

ii

ii

ii

Y

x

Y

xi

Y

xii

Y

xiii

Y

xiv

Y

Y

xv

Y

xvi

Y

Y

xvii

N

As of 12/2017- By: VS and RC - ? 2017

6|Page

Loan Disclosure Matrix

Consumer Purpose ? Misc. Closed-End and Open-End-HELOC

Disclosures provided by PeirsonPatterson, LLP Lot Loan (i)No additional funds Bridge Loan Property Tax Lien Transfer HELOC - 1st Lien HELOC - 2nd Lien Notes

Federal Disclosures

At the time of Application Consumer Privacy Policy Notice (Lender specific) TILA ARM Program Disclosure (Lender specific) TILA HELOC Disclosure (Lender specific) U.S. Patriot Act Notice ECOA Notice of Intent to Apply for Joint Credit ECOA Notice of Federal Regulator Within 3 Business days of Application Integrated Disclosure- Loan Estimate Good Faith Estimate (GFE) ? For Entity/Consumer Settlement Service Provider List ECOA Appraisal Notice (if not using LE) FACT Act Notice to Home Loan Applicant Anti-Coercion Insurance Notice/ FICPN Home Ownership Counseling Notice HELOC Brochure Your Home Loan Toolkit TILA Charm Booklet FBI Fraud Warning Loan Options Disclosure (Anti-Steering) Before closing FACT Act Risk Based Pricing Notice Notice of Special Flood Hazards Lender Paid PMI Notice (if applicable) 3 Business days before closing TIL - High Cost / Sec 32 Disclosure Integrated Disclosure- Closing Disclosure At time of closing Right to Cancel Notice Fair Credit Reporting Act Notice Re: Negative Info HUD-I or HUD-IA ? For Entity/Consumer Initial Escrow Statement (if escrows) PMI Disclosure (Standard) (if applicable) RESPA Notice of Transfer (if applicable) Integrated Disclosure- Closing Disclosure Other information ECOA Adverse Action Notice

As of 12/2017- By: VS and RC - ? 2017

N

i

Y

xix xix

ix

Y

Y

ii

N

iii

Y

ii

Y

iv

Y

v

Y

vi

Y

xxi xxi

Y

vii

Y

viii

Y

Y

Y

Y

ix ix

ix

Y

ii

ii

ii

ii

ii

Y

x

Y

xi

Y

xviii xii

Y

Y

xiii

Y

xiv

Y

Y

xv

Y

xvi

Y

Y

Y

Y

xvii

N

7|Page

Loan Disclosure Matrix

Business Purpose

Disclosures provided by PeirsonPatterson, LLP 1st Lien Construction - To Builder 1 - 4 Business Purpose 1st Lien Purchase 1 - 4 Business Purpose / Rental 1st Lien Refinance 1 - 4 Business Purpose / Rental 1st Lien Refinance- Cash-out 1 - 4 Business Purpose / Rental Notes

Federal Disclosures

(If an Investor is involved, refer to Investor requirements)

At the time of Application

Consumer Privacy Policy Notice (Lender specific)

N

TILA ARM Program Disclosure (Lender specific)

Y

TILA HELOC Disclosure (Lender specific)

Y

U.S. Patriot Act Notice

Y

ECOA Notice of Intent to Apply for Joint Credit

N

ECOA Notice of Federal Regulator

Y

Within 3 Business days of Application

Integrated Disclosure- Loan Estimate

Y

Good Faith Estimate (GFE) ? For Entity/Consumer

Y

Settlement Service Provider List

Y

ECOA Appraisal Notice (if not using LE)

Y

FACT Act Notice to Home Loan Applicant

Y

Anti-Coercion Insurance Notice/ FICPN

Y

TILA Charm Booklet

Y

FBI Fraud Warning

Y

Loan Options Disclosure (Anti-Steering)

Y

Before closing

FACT Act Risk Based Pricing Notice

Y

Notice of Special Flood Hazards

Y

Lender Paid PMI Notice (if applicable)

Y

3 Business days before closing

TIL - High Cost / Sec 32 Disclosure

Y

Integrated Disclosure- Closing Disclosure

Y

At time of closing

Right to Cancel Notice

Y

Fair Credit Reporting Act Notice Re: Negative Info

Y

HUD-I or HUD-IA ? For Entity/Consumer

Y

Initial Escrow Statement (if escrows)

Y

PMI Disclosure (Standard) (if applicable)

Y

RESPA Notice of Transfer (if applicable)

Y

Integrated Disclosure- Closing Disclosure

Y

Other information

ECOA Adverse Action Notice

N

ii

iii

ii

ii

ii

ii

ii

xii

As of 12/2017- By: VS and RC - ? 2017

8|Page

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